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is beyond reform you can't reform that federal government whether it's the republicans in charge or obama basically of the republicans are just as bad as far as we're concerned they're corrupt and are out of touch in southern former confederate states like north carolina culture and social issues play a big role for those like harold cruz who believes the u.s. is too big and thus destined to fail in the south. were different country already than the united states we simply need our own government we have different values different belief systems critics have dismissed secessionists as disgruntled voters angry over president obama's second term however in the two thousand and eight presidential election obama became the first democrat in more than thirty years to win north carolina a red state turned blue with the promise of change four years later tens of thousands of voters in the very same state believe they'd be better off on their own us to the average american the things they believe in and they're tired of the endless wars and here we are talking about invading iran now i can't thin
is beyond reform you can't reform that federal government whether it's the republicans in charge or obama basically of the republicans are just as bad as far as we're concerned they're corrupt and are out of touch in southern former confederate states like north carolina culture and social issues play a big role for those like harold cruz who believes the u.s. is too big and thus destined to fail in the south. were different country already than the united states we simply need our own...
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Dec 5, 2012
12/12
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>> i think -- well, i think we should, one -- first of all, we have to pay down the debt he ran up. we're spending $1 trillion more each year, the federal government -- we, the federal government is spending $1 trillion more each year than when obama walked into office. it's that overspending we need to bring down. raising taxes doesn't solve the overspending problem. it feeds it. and, again, we have been through this lucy and the football thing in '82, in '90. we didn't take the advice of the tax increase last year, and we got spending restraint for the debt ceiling. remember, the republican house has a tremendous power over the debt ceiling. so all this stuff about how we have to bend to the emperor's will isn't true. >> all right. grover norquist, thanks very much. we appreciate yourtation the time tonight. let's bring in james carville and rihan salaam. good to see you. grover norquist is not bending. not yet. >> well, president obama, or as mr. norquist refers to him, obama -- president obama has done something mr. norquist has never done in his life and that's get people to vo
>> i think -- well, i think we should, one -- first of all, we have to pay down the debt he ran up. we're spending $1 trillion more each year, the federal government -- we, the federal government is spending $1 trillion more each year than when obama walked into office. it's that overspending we need to bring down. raising taxes doesn't solve the overspending problem. it feeds it. and, again, we have been through this lucy and the football thing in '82, in '90. we didn't take the advice...
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Dec 3, 2012
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last one read obama takes a hard line on debt. and the script read that might be news to some people. according to most who are fairly analyzing this. wanted to clarify that because the graphic suggested that was in the post piece which it wasn't. welcome to cable news. >> that was in the comic section. mark? >> i do think the president is taking a hard line on debt. by rolling back the bush era tax cuts, he's suggesting making the tax cuts permanent for 98% of americans, middle class americans. just rolling back the tax cuts for the wealthy he avoids having a trillion dollar added to the national debt. i'll take issue with something tony said saying the president doesn't necessarily have a mandate. the american people voted. there was a contrast of ideas over what we do with our tax code and how we reform our tax code. and at the even of the date president got millions more in the popular vote than romney because americans think by and large their wealthier neighbors and wealthier americans should be paying a fairer share. it's n
last one read obama takes a hard line on debt. and the script read that might be news to some people. according to most who are fairly analyzing this. wanted to clarify that because the graphic suggested that was in the post piece which it wasn't. welcome to cable news. >> that was in the comic section. mark? >> i do think the president is taking a hard line on debt. by rolling back the bush era tax cuts, he's suggesting making the tax cuts permanent for 98% of americans, middle...
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Dec 6, 2012
12/12
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debt. they were elected to stop the explosive growth of government. the republicans were elected and sent to washington to fight for limited government, balanced budgets, and of course, greater liberty for all the american people. at this moment it seems like they are only offering a democratic light version for america. maybe they need to learn a thing or two from president obama. maybe they need to show a willingness to go over the so-called fiscal cliff. now, if the president really wants to take the country there, maybe they need to let him go there. here's the bottom line. what are we hearing from the white house? we're hearing the president will not negotiate unless taxes are raised on job creators, and we're hearing that the president now wants to seize control of the debt ceiling from congress. well, that means rather than needing the approval of the house was the senate to raise the nation's spending limit, president barack obama wants to do this all by his lonesome, a blank check.
debt. they were elected to stop the explosive growth of government. the republicans were elected and sent to washington to fight for limited government, balanced budgets, and of course, greater liberty for all the american people. at this moment it seems like they are only offering a democratic light version for america. maybe they need to learn a thing or two from president obama. maybe they need to show a willingness to go over the so-called fiscal cliff. now, if the president really wants to...
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Nov 29, 2012
11/12
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the year on reducing the national debt to avoid that fiscal cliff. republican aid describe the tentative white house proposal this way. $1.6 trillion in revenue presented by secretary treasury secretary timothy geithner and stimulus and $400 billion in medicare and other entitlement savings. a permanent increase in the debt limit. >> so, let's get more on the standoff right now. joining us senator bernie sanders of vermont. he caucuses with the democrats. senator, first of all, congratulations on your re-election. thanks for coming in. republicans say, you know what, they'll be flexible, but the democrats have to be flexible, too, especially when it comes to entitlement spending. medicare, medicaid and even reform. are you open to any of that? >> when republicans talk about being flexible, we have not heard one definitive word to what they mean. second of all, our republican friends look up and understand that this issue of the fiscal cliff was debated during the election and, you know what, mitt romney lost. obama won. the american people are very c
the year on reducing the national debt to avoid that fiscal cliff. republican aid describe the tentative white house proposal this way. $1.6 trillion in revenue presented by secretary treasury secretary timothy geithner and stimulus and $400 billion in medicare and other entitlement savings. a permanent increase in the debt limit. >> so, let's get more on the standoff right now. joining us senator bernie sanders of vermont. he caucuses with the democrats. senator, first of all,...
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Dec 2, 2012
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when barack obama went out and overreached. this idea he should set the debt limit. if i were a republican, i would say stop everything. we're going to fight. >> i think the rep -- republicans have a communication problem. when the president gets up, he talks about middle class family and the ohio. i get it. then the republicans say, economy, and the debt ceiling, and the debt. it's not personal with what obama is saying. even in that game he wins. >> i'm not sure the republicans have done a great job in terms of how they communicate and we saw that in the last election. but this president is not leading. we saw this in new jersey, where governor christie, and an $11 billion deficit. he had a fiscal cliff. he brought everybody in. he knew where the middle road was and -- >> he didn't fall off it. >> exactly. >> i'm joe smith. and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me lose my entitlements. pat goodell can that work? >> people want at the rich to p
when barack obama went out and overreached. this idea he should set the debt limit. if i were a republican, i would say stop everything. we're going to fight. >> i think the rep -- republicans have a communication problem. when the president gets up, he talks about middle class family and the ohio. i get it. then the republicans say, economy, and the debt ceiling, and the debt. it's not personal with what obama is saying. even in that game he wins. >> i'm not sure the republicans...
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Dec 4, 2012
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obama let the nation fall off the fiscal cliff. >> republicans need to acknowledge reality here. rates have to go up. earlier in the presidency, obama warneded it could hurt the economy. >> the nation is no longer in recession. and american manufacturing contracted in november for the first time in three months. the president is concerned enough that he proposed tens of billions in new stimulus spending in the debt talks. >> what is the justification for raising taxes? >> the fact of the matter is that it's vitally important that we extent and the president's view make permanent tax cuts for 98% of the american people. >> the president would like to see it done tomorrow and would sign it right away. >> they will put for ending deduction and closing loopholes. >> republicans move a great deal. who was the first person after the election was the speaker who went down and provided the re-knew. >> they blasted the proposal to limit deductions to tell bloomberg television it's unrealistic. >> that means every hospital and university and non-for profit, the agency. across the country w
obama let the nation fall off the fiscal cliff. >> republicans need to acknowledge reality here. rates have to go up. earlier in the presidency, obama warneded it could hurt the economy. >> the nation is no longer in recession. and american manufacturing contracted in november for the first time in three months. the president is concerned enough that he proposed tens of billions in new stimulus spending in the debt talks. >> what is the justification for raising taxes?...
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Dec 1, 2012
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. >> do you support obama having the power to increase the debt limit? >> can you clarify something? when he talk about trillions of dollars in cuts , does that factor cuts in cluded in the sequester? >> in the budget control act, it calls for over $1 trillion in cuts. >> the president opposed to propose of wedlock in a certain amount for entitlement programs. do democrats support that? >> first of all, we do democrats, saw savings in medicare of over $700 billion and affordable care act. we use that money to strengthen medicare and extend its life for almost a decade and to increase benefits for seniors now. is there more opportunity for that? yes. but not at the expense of an official years. there have been all kinds of -- but not at the expense of beneficiaries. >> st. mary's hospital is a catholic institution in san francisco. should they be required to adjust to this new health plan? >> the compromise is a reasonable one. >> madame leader? >> yes. >> would you support that if it is part of the package? >> i want the middle class to get a break. i wo
. >> do you support obama having the power to increase the debt limit? >> can you clarify something? when he talk about trillions of dollars in cuts , does that factor cuts in cluded in the sequester? >> in the budget control act, it calls for over $1 trillion in cuts. >> the president opposed to propose of wedlock in a certain amount for entitlement programs. do democrats support that? >> first of all, we do democrats, saw savings in medicare of over $700 billion...
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we have seen an utter lack of leadership from president obama and his allies on the left have shown very little to no willingness to tackle real structural entitlement reform. there is no manner of tax hike that can save medicare or medicaid. these programs can only be fixed with real reforms. some on the left say tinkering around the edges of medicare and medicaid would be enough, or that the health law is in touch and a perform. they argue we do not need to examine the structural problems. make no mistake about it then been shoring up medicare and medicaid will not be easy. the situation has become so severe, it is the only responsible course to take them back in just over a decade medicare will be bankrupt. medicare beneficiaries receive $3 in benefits for every $1 they pay into the system. that is while 10,000 more americans join this program every day. the number of workers supporting it has declined by over 18% over the last decade. the average family could give up its salary for the entire year, sell their house, and still not have enough to pay their share to secure medicare pend
we have seen an utter lack of leadership from president obama and his allies on the left have shown very little to no willingness to tackle real structural entitlement reform. there is no manner of tax hike that can save medicare or medicaid. these programs can only be fixed with real reforms. some on the left say tinkering around the edges of medicare and medicaid would be enough, or that the health law is in touch and a perform. they argue we do not need to examine the structural problems....
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created to find a balance between republican and democratic plans to solve the debt crisis now that committee ended up as a less than super it ultimately didn't even approve its own report about simpson and bowles are keeping their plan alive or at least trying to by selling it as the last best hope for an ailing economy. now the first thing you need to know is that it is fair to ask whether this is truly a great compromise since the planet rests on the assumption that the bush tax cuts for those making more than two hundred fifty thousand dollars a year will end even though simpson bowles plan takes that as a given current republican legislators are less willing to immediately let that exploration take place in fact that happens to be issue number one for republicans who see letting the cuts expire as synonymous to raising tax rates. number two simpson bowles raises the gas tax by fifteen cents now this is self-explanatory but not widely known raising the gas tax could be seen as a big blow to those big oil companies but if i had to bet companies like exxon mobil which by the way m
created to find a balance between republican and democratic plans to solve the debt crisis now that committee ended up as a less than super it ultimately didn't even approve its own report about simpson and bowles are keeping their plan alive or at least trying to by selling it as the last best hope for an ailing economy. now the first thing you need to know is that it is fair to ask whether this is truly a great compromise since the planet rests on the assumption that the bush tax cuts for...
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we thought we might go over the debt ceiling, we didn't. this is the stage we're always in where president obama gave an offer he knew was a negotiating plan, you negotiate from the left. mcconnell gave an offer on friday that was very much on the right. it plays out in the next month, i think people get closer to a deal. lindsey graham, i don't think was saying we'll go over the cliff for sure. he's also posturing himself. that wasn't a comment, that was a posturing move. >> we know one of the most dangerous places is between senator graham and a television camera. give me your headline really quickly, perry. >> my headline is "obama delays vacation but negotiations are continuing and progressing and moving towards a deal." a deal will happen at some point, but obama always has his vacation delayed. i was covering the president a couple years ago and my hawaii trip got delayed a couple days. life went on. >> you were not happy. >> i was, you know, i was not happy, it's true, craig. >> what's your headline, sir? "markets down, party trade b
we thought we might go over the debt ceiling, we didn't. this is the stage we're always in where president obama gave an offer he knew was a negotiating plan, you negotiate from the left. mcconnell gave an offer on friday that was very much on the right. it plays out in the next month, i think people get closer to a deal. lindsey graham, i don't think was saying we'll go over the cliff for sure. he's also posturing himself. that wasn't a comment, that was a posturing move. >> we know one...
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Dec 4, 2012
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there's no other way to do it. >> reporter: president obama says his plan will raise taxes on the rich bringing in 1.6 trillion. republicans want to close tax loopholes and eliminate deductions to raise $800 billion in new revenue. >> the president has a huge responsibility to work together with congress and find a solution to avert the "fiscal cliff." >> reporter: and they say it's now up to the president to find a plan that can pass both chambers of congress. susan mcginnis, cbs news, washington. >>> time now 4:40. santa comes early for some facing foreclosure. the promise being made to certain people struggling to keep their homes. >> plus the white house's worst fears. what the syrian government may try to do to its people. >> but a beer run gets ugly as fist flies. the suspects and the struggle coming up after the break. clerk got into a fist fightr beer. surveillance video shows a man apparently steag two cases of beer from the s statio >>> a south carolina convenience story lines clerk got into fistfight over a case of beer. a man is shown stealing two cases of beer from the gas
there's no other way to do it. >> reporter: president obama says his plan will raise taxes on the rich bringing in 1.6 trillion. republicans want to close tax loopholes and eliminate deductions to raise $800 billion in new revenue. >> the president has a huge responsibility to work together with congress and find a solution to avert the "fiscal cliff." >> reporter: and they say it's now up to the president to find a plan that can pass both chambers of congress. susan...
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Dec 3, 2012
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. >> but he wants to raise the debt ceiling. >> that is part of the leverage that republicans have -- >> the best leverage if they have. >> obama thinks he has all the cards, he thinks he is napoleon, or perhaps lbj after his landslide. obama won this election by three points. 95% of republicans in the house won by a larger margin. he has a mandate, they have a mandate, and they have offered to raise revenues, which is to raise taxes. what obama is after is one mark indicates -- he wants to make a political point that republicans are the party of the millionaires. if you look at it as it will attempt to fix our issues, if you do it the taxes he wants, racing on the top 2%, it brings in 8 cents on the dollar, and what it means is that the deficit will go from $1.10 trillion to $1.02 trillion. that is his solution to our fiscal problem. . >> i will point out numbers, arithmetic. the republicans lost the house race, lost the majority of americans voting and a house. they lost two seats in the senate. mitt romney got 47% of the popular vote. that, ladies and gentlemen, is a devastating de
. >> but he wants to raise the debt ceiling. >> that is part of the leverage that republicans have -- >> the best leverage if they have. >> obama thinks he has all the cards, he thinks he is napoleon, or perhaps lbj after his landslide. obama won this election by three points. 95% of republicans in the house won by a larger margin. he has a mandate, they have a mandate, and they have offered to raise revenues, which is to raise taxes. what obama is after is one mark...
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Dec 2, 2012
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then the republicans stand up and say economy and the debt ceiling and the debt. you know, it's more personal with what obama is saying. even if that game he wins. >> i'm not sure the republicans have done a great job in terms of how they communicate. we saw t that in the last election. this president is not leading. we saw this in new jersey where governor christie had 11 billion dollar deficit. he had a fiscal cliff. he knew where the middle road was, and he didn't it. >> he didn't fall off. >> exactly. that's what this president has to do. >> i'm joe smith and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me to lose my entitlements. pat, can that ever work? >> well i think that's what most people think right now. they want the rich to pay more because maybe we should have them pay more. at the same time, they don't want the economy to go in the hole. the other thing is they don't want the country to go broke. what the republicans failed to do is what
then the republicans stand up and say economy and the debt ceiling and the debt. you know, it's more personal with what obama is saying. even if that game he wins. >> i'm not sure the republicans have done a great job in terms of how they communicate. we saw t that in the last election. this president is not leading. we saw this in new jersey where governor christie had 11 billion dollar deficit. he had a fiscal cliff. he knew where the middle road was, and he didn't it. >> he...
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president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may re newsto raise the country's debt ceiling to get their way on spending cuts and risk defaulting on the country's loans. >> that is a bad strategy for america. it's a bad strategy for your businesses. and it is not a game that i will play. >> reporter: republicans are pushing back. >> he's the president, not the emperorer. >> reporter: fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing tax loopholes, not by raising rates on the rich as the president has insisted. >> we're not insisting rates just out of spite, but rather because we need to raise a certain amount of revenue. >> we can't just keep borrowing money, raising taxes, and expecting the problem to go away. >> reporter: house members headed home for a long weekend with democrats so far unsuccessful in their efforts to force a vote on a bill that would extend tax cuts to 98%
president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may re newsto raise the country's debt ceiling to get their way on spending cuts and risk defaulting on the country's loans. >> that is a bad strategy for america. it's a bad strategy for your businesses. and it is not a game that i will play. >> reporter: republicans are pushing back....
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, the debt, almost doubled under this administration, under president obama. and that has to be a part of this. that is where the republicans are insisting that we have a spending cuts and entitlement reforms that will got america on the right track moving forward. jenna: congresswoman, such a big topic. we only brushed the surface of it. we look forward to having you back to talk more about it. thank you so much. >> thank you. jon: right now a potentially explosive new development in the trayvon martin shooting case. lawyers for george zimmerman, releasing this photo. it shows the accused shooter with a bloody nose taken on the night of the deadly shooting. zimmerman as you might recall faces second-degree murder charges in the death of this man, 17-year-old trayvon martin. zimmerman claims he shot the teen in self-defense during a violent struggle and martin inflicted the bloody nose. does this change the arc of this case? let's talk about it with lose we will, fox news analyst and crystal panich a criminal defense attorney. the shooting happened and that ph
, the debt, almost doubled under this administration, under president obama. and that has to be a part of this. that is where the republicans are insisting that we have a spending cuts and entitlement reforms that will got america on the right track moving forward. jenna: congresswoman, such a big topic. we only brushed the surface of it. we look forward to having you back to talk more about it. thank you so much. >> thank you. jon: right now a potentially explosive new development in the...
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Dec 6, 2012
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>> what the white house learned during the first term is that there are some things that work for obama and some things that don't. sitting down at a table with john boehner as essentially equals did not turn out as well as they might have hoped with the debt ceiling talks in 2011. but what did work was that winter when the president went to the country and argued for extending the payroll tax holiday and developed pressure outside of washington, he was a lot more successful. so they have two goals here. one is to keep the pressure coming from outside the beltway and the second is to make sure that this is not a negotiation between the president and boehner, that they want the president essentially floating above this. >> robert, when we talk and i know you had a chance to hear what congresswoman black will to say about trying to find the right balance here, while a majority of americans, say they go completely support raising taxes on wealthier americans, there is also a majority support that says we don't want to see earned benefits messed with, we don't want to see the medicare eligi
>> what the white house learned during the first term is that there are some things that work for obama and some things that don't. sitting down at a table with john boehner as essentially equals did not turn out as well as they might have hoped with the debt ceiling talks in 2011. but what did work was that winter when the president went to the country and argued for extending the payroll tax holiday and developed pressure outside of washington, he was a lot more successful. so they have...
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Nov 30, 2012
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every central bank in the world is seeking to weaken its currency, monetize its debt. so strong structural arguments why you should buy gold in any currency. >> president obama will continue to press republicans to let tax cuts expire for people make more than $250,000 a year. reports say the president's opening wid in budget talks calls for $1.6 trillion tax increase. that plan whether he had to sharp comments from both sides of the political aisle. >> now is the time for republicans to you've past this happy talk about revenues ill defined of course and put specifics on the table. the president has made his proposal. >> what we don't know is what the white house is willing to do it get serious about solving our debt crisis. >> if more, we're joined by mark zandi, chief economist at moody's analytics who is here in london. welcome. >> thank you. >> so the fiscal cliff issue, end of the year is looming. we saw the response to this opening gambit by president obama. how likely is it that this is the final plan put forward, what elements do you expect to be most critical
every central bank in the world is seeking to weaken its currency, monetize its debt. so strong structural arguments why you should buy gold in any currency. >> president obama will continue to press republicans to let tax cuts expire for people make more than $250,000 a year. reports say the president's opening wid in budget talks calls for $1.6 trillion tax increase. that plan whether he had to sharp comments from both sides of the political aisle. >> now is the time for...
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Nov 30, 2012
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billy cunningham, we're coming up against -- >> sean, what's wrong with the fiscal cliff that obama designed? this is obama's fiscal cliff. if the republicans cave, we'll have a fiscal cliff in about three or four years that's going to be the grand canyon. we're going to go collapsing. it's going to be awful. >> sean: i agree with you. >> we got to fight like william wallace in "brave heart." fight for america. we can win it in the next 30 days. >> sean: i'm with you. leslie, seriously, why can't we have some significant spending cuts now? the president, first of all, said he only wanted $800 billion when he was running, now he's doubled it, but there's no cuts. government can't find waste, fraud, abuse, cut back on their intoxication and power grab with spending? >> i agree that medicare is one program that has a lot of fraud. quite frankly the president has been very clear that they're going to be -- >> sean: when? when? >> democrats and republicans will have to suck it up. when you guys call caving in, i call compromise. >> sean: republicans compromise, cave, and -- >> we're not violating
billy cunningham, we're coming up against -- >> sean, what's wrong with the fiscal cliff that obama designed? this is obama's fiscal cliff. if the republicans cave, we'll have a fiscal cliff in about three or four years that's going to be the grand canyon. we're going to go collapsing. it's going to be awful. >> sean: i agree with you. >> we got to fight like william wallace in "brave heart." fight for america. we can win it in the next 30 days. >> sean: i'm...
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working towards john engler his possession to extend debt ceiling providers. that is what we are talking about. >> what is broken is taxes and the dead and spending cuts. if the president were honest and in good faith, he wouldn't be needing with a roundtable. he would be up to capitol hill. as president is not serious. >> the other thing about the debt limit is not an authorization to go into as much does he want for five years or whatever. it is a set dollar amount. how much? lou: based on past five years of the bush administration, i can assure you that it will be a staggering figure. especially since we have a president who is inclined to spend like hell. i don't think there's any doubt about that. the president today is absolutely indulging in class warfare. >> i cannot ask folks who are middle-class seniors on medicare and young people who are trying to get student loans for college -- i can't ask them to sacrifice. and not ask anything of higher income folks. lou: what are your thoughts? >> i love the word ask her if is that this is a chervil contributi
working towards john engler his possession to extend debt ceiling providers. that is what we are talking about. >> what is broken is taxes and the dead and spending cuts. if the president were honest and in good faith, he wouldn't be needing with a roundtable. he would be up to capitol hill. as president is not serious. >> the other thing about the debt limit is not an authorization to go into as much does he want for five years or whatever. it is a set dollar amount. how much? lou:...
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obama under the white house proposal. the president would have the power to raise the debt limit on his own, whenever he wants, as needed. speaker boehner saying congress isn't budging on that issue and here is what he had to say on fox news sunday. >> congress will never give up the power and i made it clear to the president that when we get to the debt limit we need to cut some reforms that are greater than the increase in the debt limit. it is the only way to leverage the political process to produce more change than if left alone. >>gregg: you can see more of the remarks on "fox news sunday" at the top of the hour. >> extreme weather on the west coast flood advisories in effect for storm ravaged parts of northern california as another storm bringing heavy rain and police and fire officials wanting the napa and russian rivers expected to break their banks. and now, streaming live from northern california. >>reporter: yes, the banks are about to break any moment now, 12 hours ago there was torrential rain it looked to b
obama under the white house proposal. the president would have the power to raise the debt limit on his own, whenever he wants, as needed. speaker boehner saying congress isn't budging on that issue and here is what he had to say on fox news sunday. >> congress will never give up the power and i made it clear to the president that when we get to the debt limit we need to cut some reforms that are greater than the increase in the debt limit. it is the only way to leverage the political...
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voting overwhelmingly for president obama. california had like 20 points for the obama team. why not ask for the help? we help you, now you help us. it is implicit in the election. megyn: detroit has a jobless rate of 18.9% in october. can you imagine that? the population has plunged by 25% over the last decade. 30,000 homes stand vacant in that city. even if we wanted to bail them out, could you even put a price tag on our? >> no, you could not. they have no money left. they are right on the edge of bankruptcy. megyn: this is a long time coming. this isn't necessarily caused by the wall street meltdown. >> in 1964, it was the most important manufacturing sector in the world. it has been downhill since then. a bailout actually wouldn't really help them. they may be kicking the can for six months, but it essentially doesn't help. megyn: the notion that someone else needs to fix the problem -- somebody other than us needs to fix the problem. the city council of detroit, which is what they have been elected to do. we took a look at a video that was put out by the illinois govern
voting overwhelmingly for president obama. california had like 20 points for the obama team. why not ask for the help? we help you, now you help us. it is implicit in the election. megyn: detroit has a jobless rate of 18.9% in october. can you imagine that? the population has plunged by 25% over the last decade. 30,000 homes stand vacant in that city. even if we wanted to bail them out, could you even put a price tag on our? >> no, you could not. they have no money left. they are right on...
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we now have 16 trillion in debt on the backs of our children and grand children. that is the biggest threat to our national security and nation's future. >> quickly, some republicans have whispered privately, some not privately, they believe president obama, the white house, congressional democrats, want to go over the fiscal cliff because they believe that it is more politically advantageous for them to do so. is that a sentiment you agree with or not? >> i believe that the president and the democrats see a political victory at the bottom of the fiscal cliff. i see financial problems for our country at the bottom of the fiscal cliff with unemployment over 9%, and another recession. i think -- i want to find a solution working with people on both sides of the aisle but when you have howard dean, the former chairman of the democratic national committee, you have patty murray, who ran the democratic senatorial committee encouraging going over the cliff i think it's irresponsible. i think we ought to have the president sitting down with john boehner, finding solution
we now have 16 trillion in debt on the backs of our children and grand children. that is the biggest threat to our national security and nation's future. >> quickly, some republicans have whispered privately, some not privately, they believe president obama, the white house, congressional democrats, want to go over the fiscal cliff because they believe that it is more politically advantageous for them to do so. is that a sentiment you agree with or not? >> i believe that the...
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obama is looking -- is taking a page out of their book. the two things he wants to do is number one, you mentioned before. no congressional approval of a debt ceiling, and second, and they're going to do this one, it looks like, unless some rational democratic senators come to their aid which is change the rules of the senate to make 51 votes all that is necessary to pass a bill in the united states senate. it will eliminate by and large the filibuster. >> every majority wants to do that. >> they're the only ones that will do it. they're threatening to do that. in fact, they're scheduled to vote to do that, to change the rules in a way that's never been done before. it's been threatened before, but nobody's ever pulled the trigger on it. it looks like they're willing to pull the trigger to get what they want which is a majority rule to be able to force things down the throats of the american people that they don't want. >> if he gets his revenue but makes no structural change in the way we do business, i mean, if there's no effort to do th
obama is looking -- is taking a page out of their book. the two things he wants to do is number one, you mentioned before. no congressional approval of a debt ceiling, and second, and they're going to do this one, it looks like, unless some rational democratic senators come to their aid which is change the rules of the senate to make 51 votes all that is necessary to pass a bill in the united states senate. it will eliminate by and large the filibuster. >> every majority wants to do that....
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here's what president obama said when he spoke to business ceos about this earlier today. >> i want to send a very clear message to people here, we are not going to play that game next year. if congress in any way suggests that they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again, as part of a budget negotiation, which, by the way, we have never done in our history, until we did it last year, i will not play that game. because we have got to break that habit before it starts. >> reporter: so just to be very clear, the white house sees this as three steps. a fiscal deal would include, one, some measure that would raise revenue. tax raising. two, a sequester, that's all those budget cuts that are going to kick in, some way to save money through spending cuts, probably on medicare changes. and then, three, some solution for the debt ceiling, both in the short-term and then some permanent solution to avoid that kind of nightmare repeating itself over and over, brooke. >> so we just played a bunch of the sound bites here today from the pres
here's what president obama said when he spoke to business ceos about this earlier today. >> i want to send a very clear message to people here, we are not going to play that game next year. if congress in any way suggests that they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again, as part of a budget negotiation, which, by the way, we have never done in our history, until we did it last year, i will not play that game. because we have got...
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. >> obama: if congress in any way suggests that they are going to tie negotiations to debt ceiling defaults, and take us to the brink of once again, as part of budget negotiations which by the way we have never done it in our history until we did it last year, i am not going to play that game. we have to break that habit before it starts. >> in other words homey don't play that. >> stephanie: exactly. [♪ "world news tonight" theme ♪] >> stephanie: i'm incredibly relieved to see rationality spreading throughout the republican party. he believes they are signalling interest in backing down on tax cuts for the wealthy. that's what representative welch said earlier on the show. he said they are going to cave. it's just a question of when. the president and boner talking about the fiscal cliff. >> they are talking on the phone. >> stephanie: no he drunk dialed him again. at all hours. >> as long as i'm there, it is open. [♪ "world news tonight" theme ♪] >> stephanie: president obama and the boner spoke by phone about the fiscal cliff. they provided no details about the negotiation, you k
. >> obama: if congress in any way suggests that they are going to tie negotiations to debt ceiling defaults, and take us to the brink of once again, as part of budget negotiations which by the way we have never done it in our history until we did it last year, i am not going to play that game. we have to break that habit before it starts. >> in other words homey don't play that. >> stephanie: exactly. [♪ "world news tonight" theme ♪] >> stephanie: i'm...
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but i refuse to leave our children with debt that they cannot repay. that means taking responsibility right now. and this administration for getting our spending under control. >> 's the one that was president obama just weeks after he took office in 2009 at the opening of the fiscal responsibility summit. today we owe more than $16 trillion, and he wants to raise the debt ceiling to spend even more money that we honestly don't have. our next guest says that both sides are to blame equally. charlie is a columnist for the washington times. okay, they cannot be equal. who is more to blame? the president or congress. i would make the argument that obama is clearly the one. certainly democrats are probably little bit more to blame. two years ago, democrats ran the entire town. they had a filibuster proof majority in the senate. they control the house and white house. if they wanted to cut spending at that time, they could have done so. republicans -- they could've done it over every republican objection and they could've gotten everything they wanted. they
but i refuse to leave our children with debt that they cannot repay. that means taking responsibility right now. and this administration for getting our spending under control. >> 's the one that was president obama just weeks after he took office in 2009 at the opening of the fiscal responsibility summit. today we owe more than $16 trillion, and he wants to raise the debt ceiling to spend even more money that we honestly don't have. our next guest says that both sides are to blame...
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president obama has nearly doubled the debt. the spending is out of control. and it's -- we have this economy that continues to struggle -- >> the debt ceiling -- >> the debt ceiling is our opportunity to really look at these questions, but the republicans want to negotiate -- speaker boehner the day after the election, went to the podium and put tax revenue on the table. this is our moment, this is our -- tip o'neill and president reagan back in the early '80s, they came together. they negotiated to save social security as well as address the spending. and it was a $3 in spending cuts to every dollar in new revenue. and that's the type of approach we need today. >> they never used the issue of debt ceiling in those negotiations. that's relatively new. the president says, i will not play that game. he may have no choice, because the republicans have a decisive majority in the house of representatives. if they want to play that game, he's going to have to do it. >> whey believe the president is saying is, we could get to a big deal, a good big deal that's balan
president obama has nearly doubled the debt. the spending is out of control. and it's -- we have this economy that continues to struggle -- >> the debt ceiling -- >> the debt ceiling is our opportunity to really look at these questions, but the republicans want to negotiate -- speaker boehner the day after the election, went to the podium and put tax revenue on the table. this is our moment, this is our -- tip o'neill and president reagan back in the early '80s, they came together....
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you were aware of this, senator obama was against -- >> we addressed that. there was no threat of default at the time. what happened in 2011, as we know, what happened, we lived it, most of us in this room, was the threat of default, a willingness expressed on the record and publicly by numerous members of congress to see the american's economy, and under defort, and with all of the consequent impacts on the global economy and the american middle class in order to achieve some sort of political victory that was driven by ideology and partisanship, enormously damaging to the economy, to consumer confidence. we were downgrades famously, and it is a testament to the american people and the american economy, the american business, and some of the success we have had working with congress that we have been able to rebound and the economy continues to grow and create jobs, but the fact is that was a self-inflicted won, and we can't have that nonsense anymore -- >> it's okay for people to engage in that nonsense if it's -- >> jake, i appreciate the question, and we
you were aware of this, senator obama was against -- >> we addressed that. there was no threat of default at the time. what happened in 2011, as we know, what happened, we lived it, most of us in this room, was the threat of default, a willingness expressed on the record and publicly by numerous members of congress to see the american's economy, and under defort, and with all of the consequent impacts on the global economy and the american middle class in order to achieve some sort of...
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president obama giving his pitch for the fiscal cliff. when will the rhetoric give way to a real action on our debt crisis. juan williams on when a deal can happen. melissa: how would you like to pay more at the pump? we have the new talk about raising the gas tax. what a great idea. lori: i love paying over four dollars a gallon. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every 15 minutes. lauren simonetti. washington is playing politics over the fiscal cliff. we are near session lows right now. >> 11 points away from session lows. the dow is clinging onto that level right now. consumer discretionary is your best performing sector this month. it is lower today, as is technology. the s&p 500 trying to hang onto a monthly gain. not sure if we can do it. certainly higher for the week and nasdaq higher for the both of them. a two-day chart of yelled is really interesting. they expect fourth-quarter sales in china to decline. lo
president obama giving his pitch for the fiscal cliff. when will the rhetoric give way to a real action on our debt crisis. juan williams on when a deal can happen. melissa: how would you like to pay more at the pump? we have the new talk about raising the gas tax. what a great idea. lori: i love paying over four dollars a gallon. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every...